Use of funds
Add up the invoices that carry the discount and are due within the window.
✓ Checking what you qualify for does not affect your credit score.
At Merchant Fund Express, we start from what the money is for, because the use decides the amount, the structure and the timing.
Terms of “2/10 net 30” mean 2% off for paying in 10 days instead of 30. Annualised, that is a large return, and it is routinely left on the table because cash is tight on day ten.
A funder reading a request like this looks at the business, not just the purpose: deposits and their consistency, average daily balance, negative days and any open advances. A clear, specific use with a defined amount reads better than a general request.
Add up the invoices that carry the discount and are due within the window. The amount to fund is the discounted invoice total for the 20 days you accelerate payment.
An illustration. These are illustrative figures to show the arithmetic, not an offer.
| Item | Illustration |
|---|---|
| Invoice | $20,000 |
| Discount at 2% | $400 |
| Cash needed for 20 days | $19,600 |
| Break-even | Financing cost for 20 days must be under $400 |
The cheapest structure is usually the one that is outstanding for the fewest days. Fund the gap, not the whole year, and prefer a schedule you can see before you sign.
Draw on day ten, repay on day thirty from the receivable you were waiting on. See the page →
Taking the discount with a product whose cost for 20 days is above 2%. A cheap, short draw is the point.
Sole proprietors can apply. The minimum FICO is 500, and the better your credit, the better your offer. See the published requirements.
Over 20 days it is a large annualised return, which is why it is worth checking; the product must cost less than the discount for the period you use it. Merchant Fund Express shows the exact amount, schedule and total cost in your offer before you sign.
A person reviews your revenue, time in business and bank activity, and a decision is typically same day. Approved files are usually funded the next business day.
No. Checking what you qualify for does not affect your credit score.
Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.
